25 April 2012 14:55 [Source: ICIS news]
TOKYO (ICIS)--Japanese chemical producer Nippon Shokubai plans to end production of its solvent-based acrylic resin at ?xml:namespace>
The purpose of the transfer to its subsidiary Nippon Polymer Industries is to consolidate production of the resin on one site and improve manufacturing efficiency, Nippon Shokubai said in a statement.
The nameplate capacity of the plant at
That lower amount of production capacity will be transferred to
Nippon Shokubai expect the transfer to take about a year to be completed, the official said, during which time the Suita plant will continue to produce solvent-based acrylic resin.
The consolidation of production at the
“It will also be more convenient because the feedstock of acrylic resin, acrylic ester, is produced [at Nippon Shokubai’s complex] in
“If solvent-based acrylic resin is produced at
Nippon Shokubai sells acrylic ester to Nippon Polymer, which also produces an undisclosed quantity of water-based acrylic resin, sometimes known as acrylic emulsion, at
“With the transfer, [Nippon Polymer] will also be able to produce solvent-based acrylic resin in addition to water-based acrylic resin,” the official said.
However, the production quantity of water-based acrylic resin at
There is generally higher demand for water-based acrylic resin than the solvent-based product in recent years, according to the official, “but there are types [of acrylic resin] that cannot be produced using water. We produce such special grades,” the official said.
Nippon Polymer is a joint venture between Nippon Shokubai and Toyo Ink.
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